Charity Search / ASSOCIATED INDUTRIES OF MASSACHUSETTS
Science & Technology (U20Z) IRS Verified DX Registered 990 on File

ASSOCIATED INDUTRIES OF MASSACHUSETTS

EIN: 22-3127535 · BOSTON, MA 02110-2508 · United States · FY 2024 Data
3 out of 5 45 / 100 Based on 2+ years of filings
Financial strength (30%) 49/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$0
Total Revenue
$206K
Total Expenses
$-693,554
Net Assets
0
Employees
Expense Breakdown
Program Expense Ratio 90.1%
Fundraising Efficiency N/A
Operating Reserve -40.40x
Liability-to-Asset 6659.1%
Revenue Diversification N/A
Compared with Peers
FY 2024
Compared with 515 similar organizations (United States, Science & Technology, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
90.1% 84.9%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
9.9% 13.3%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-40.4 mo 11.4 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
6659.1% 0.8%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-100.0% 9.3%
P10P90
Expense growth
Year over year expense growth
59.6% 10.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $0 $206K $-693,554 90.1% 0
2023 $120K $129K $-487,530 73.6% 0
2022 $370K $52K $-478,472 65.4% 0
2021 $237K $107K N/A 0
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Organization Details
EIN
22-3127535
State
MA
City
BOSTON
ZIP
02110-2508
Classification
U20Z
Category
Science & Technology
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
15
Form 990
On File
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